Bitcoin will soon reach 10k and that will be a good level for bitcoin, and in the future it can be more likely to continue to grow, and keep holding to get better profits.
But I think people will wait for another higher price and many of them still hold their bitcoin if the price does not increase more than $20k. They want to make a bigger profit by waiting for the price to increase. But some traders will buy and sell bitcoin at any price because they know that is their chance to make a nice profit from the gap of the bitcoin price. In this case, we need to be careful to trade if we are following them to trade because that situation will be unpredicted for us.